VAT Calculator (Value Added Tax)

The Value-Added Tax (VAT) calculator is an essential tool for businesses and consumers to determine the amount of tax applied to goods and services. This tool allows you to either add VAT to a net price to find the total gross price, or to remove VAT from a gross price to find the original net amount.

Add VAT Remove VAT

Initial Amount (Net) *

VAT Rate *

Results

Net Amount $0.00

VAT Amount $0.00

Gross Amount $0.00

Data Source and Methodology

All calculations are based on standard mathematical formulas for VAT. For accurate rates, consult your official government tax authority.

The Formulas Explained

Adding VAT: Gross = Net × (1 + VAT Rate / 100)

Removing VAT: Net = Gross / (1 + VAT Rate / 100)

Glossary of Terms

Net Amount: The price before VAT is applied.
VAT Rate (%): The tax percentage applied to the net amount.
VAT Amount: The monetary value of the tax.
Gross Amount: The final price paid by the consumer (Net + VAT).

Frequently Asked Questions (FAQ)

What is Value-Added Tax (VAT)?

VAT is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale. The final cost is borne by the consumer.

How do I find the correct VAT rate?

VAT rates vary by country and by the type of good or service. Always consult your local tax authority for precise, applicable rates.

Tool developed by Ugo Candido. Content reviewed by CalcDomain Expert Team. Last reviewed for accuracy on: October 15, 2023.

```